ST PAULS (SPENNYMOOR) CENTRE LTD
The St Paul's Centre provides high quality meeting and activity facilities which includes a Community Cafe. The Centre re-opened in June '10, following a major refurbishment, the Centre has enjoyed occupancy levels of 85% and over 21694 visitors within the year 2023. Key Objectives identified for the Centre have been achieved and are now being delivered in the community.
Financial health, per its FY2024 accounts
The accounts state that the charity's unrestricted reserves were £6,000 at year-end, which the trustees consider adequate for timing differences but significantly below their stated policy target of three months' running costs. The charity reports a net income surplus of £100,641 and notes that its going concern status is dependent on the future flow of uncertain funding streams from grants and donations.
What the accounts disclose
“The actual free reserves of £6,000 at 31 December 2024 are considered adequate to cover any timing differences arising whereby expenditure is incurred prior to receipt of funding income.” — page 11
“The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams.” — page 20
“Maureen Aspey Trustee Director Amounts paid from Grant grant for music tuition”
“The Whistling Teapot Angela Taylor is a director of The Whistling Teapot and a Trustee Director until June 2023 Amounts paid from various grants for meals until June 2023”
“Maureen Aspey Trustee Director Amounts paid from Grant grant for music tuition”
“The Whistling Teapot Angela Taylor is a director of The Whistling Teapot and a Trustee Director until June 2023 Amounts paid from various grants for meals until June 2023”
“Maureen Aspey Trustee Director Amounts paid from Grant grant for music tuition”
“The Whistling Teapot Angela Taylor is a director of The Whistling Teapot and a Trustee Director until June 2023 Amounts paid from various grants for meals until June 2023”
Trustees
- Maureen Aspeychair
- Christopher James Tindale
- Greta Taylor
- Karen McDowell
- Philip Brown
- Rev Matthew Paul Tarling
- Sandra Harman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £243k | £142k |
| 31/12/2023 | £89k | £88k |
| 31/12/2022 | £81k | £95k |
| 31/12/2021 | £103k | £66k |
| 31/12/2020 | £55k | £50k |
Common questions
Is ST PAULS (SPENNYMOOR) CENTRE LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity's unrestricted reserves were £6,000 at year-end, which the trustees consider adequate for timing differences but significantly below their stated policy target of three months' running costs. The charity reports a net income surplus of £100,641 and notes that its going concern status is dependent on the future flow of uncertain funding streams from grants and donations. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 28/06/2012 | £10k | Energy Efficiency Project |
| The National Lottery Community Fund | 11/03/2010 | £9k | Youth Chill Out Zone & Community Cafe |